Real estate fund · SEBI registry
Areion Special Situation Fund
Real assets (RE/Infra) · Private credit / Debt · Mumbai
At a glance
- Stage focus
- Real assets (RE/Infra)
- Primary sector
- Private credit / Debt
- City
- Mumbai
- HQ / office
- Mumbai (registry: D-511 Kanakia Zillion, LBS Rd & CST Rd junction, Kurla West, 400070; site also lists Kohinoor Square, Dadar West)
- Fund registered
- 2018
- Website
- areion.in
- Profile ↗
About
SEBI-registered Category II AIF (effective 22 Mar 2019), managed by Areion Assets Management Pvt Ltd (part of Areion Group), a distressed-asset and special-situations financial institution. In 2024 the fund, AAMPL and official Dinesh Kumar Kanodia settled an alleged AIF-rule violation with SEBI for ~Rs 16.08 lakh.
Investment focus
Special situations / distressed assets — debt and/or equity in financially stressed or distressed companies, last-mile and working-capital funding, and security receipts (SRs) issued by ARCs; sectors include textiles, metals, pharma, auto components, real estate, education
SEBI registration
SEBI AIF Category II — reported as “Cat I/Cat II”
- IN/AIF2/18-19/0656
- IN/AIF1/24-25/1567
SIDBI Fund of Funds
None found
Team & organisation
Approx 8 senior leadership/professionals listed (founder Manish Lalwani; asset-management CEO Ajay Mehta)
Category II AIF (distressed/special-situations focus); manager under Areion Group, parent ACAIPL Investment & Financial Services Pvt Ltd; founded 2013; Mumbai (Kohinoor Square, Dadar W)
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Frequently asked
- What does Areion Special Situation Fund invest in?
- Special situations / distressed assets — debt and/or equity in financially stressed or distressed companies, last-mile and working-capital funding, and security receipts (SRs) issued by ARCs; sectors include textiles, metals, pharma, auto components, real estate, education
- How do I pitch Areion Special Situation Fund through iHub India?
- Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.
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About this record
- ⚑ distressed-debt / special-situations fund (not startup VC); 2024 SEBI settlement
Compiled from SEBI registrations and public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.
Sources: https://areion.in